Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

"Forbes" Unveils Richest Arab Billionaires in 2022


Thu 07 Apr 2022 | 12:21 AM
Taarek Refaat

"Forbes" magazine published a new annual ranking of the world's richest people for the year 2022, and again the list did not include rich people from Saudi Arabia, the largest Arab economy.

Forbes magazine said that the pandemic, the collapse of global stock markets and the Russian military operations in Ukraine affected the list of the world's richest people in 2022.

The total number of billionaires around the world dropped to 2,668 billionaires in 2022 from 2,755 billionaires. Forbes' thirty-sixth list of the world's richest people lost 329 people this year, marking the largest number since the 2009 financial crisis.

According to the classification of the magazine, the total wealth of the world's rich amounted to about $12.7 trillion in 2022, down from $13.1 trillion valued in the 2021 list.

The List of the Richest Arabs in 2022

1-Nassef Sawiri

In the Arab world, the Egyptian businessman, Nassef Sawiris topped the list of the richest Arabs, and ranked 304th in the world with a fortune estimated at $7.7 billion.

2-Issad Rebrab

The Algerian businessman, Issad Rebrab ranked second in the Arab world, with a fortune of $5.1 billion. 536 in the world rankings.

3-Naguib Sawiris

Egyptian billionaire Naguib Sawiris comes in third place, ranking 883 globally with a net worth of $3.4 billion.

4-Hassan Sajwani

The Emirati businessman Hassan Sajwani, ranked fourth in the Arab world with a fortune estimated at $2.7 billion, and ranked 1163 in the global rankings.

5-Abdullah Al Ghurair

The Emirati businessman Abdullah Al Ghurair, ranked fifth in the Arab world with a fortune estimated at $2.6 billion, and ranked 1196th in the global rankings.

6-Abdullah Al-Futtaim / Mohammed Mansour/ Suhail Bahwan

The Emirati businessman Abdullah Al-Futtaim, the Egyptian businessman Mohammed Mansour, and the Omani businessman Suhail Bahwan ranked sixth in the Arab world with a fortune estimated at $2.5 billion each, they are ranked 1,238 in the world rankings.

7-Mohamed Al-Fayed / Sheikh Faisal bin Qassim Al Thani

They are followed in the ranking by Egyptian billionaire Mohamed Al-Fayed, and Qatari businessman Sheikh Faisal bin Qassim Al Thani in seventh place with a net fortune of $2.1 billion each, and they are ranked 1,445 in the world rankings.

8-Youssef Mansour

The Egyptian billionaire Youssef Mansour in eighth place with a net worth of $ 1.5 billion, and he came in 1,929 in the global rankings.

9-Hamad bin Jassim bin Jaber Al Thani

The former Prime Minister of Qatar Hamad bin Jassim bin Jaber Al Thani came ninth on the list with a fortune estimated at $1.2 billion.

10-Yassin Mansour

The Egyptian billionaire Yassin Mansour came tenth with a net worth of $1.1 billion, and he ranked 2,448 in the global rankings.